Emily Liggett Sells 1,012 Shares of Materion (NYSE:MTRN) Stock

Materion Corporation (NYSE:MTRN) Director Emily Liggett sold 1,012 shares of Materion stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $232.42, for a total transaction of $235,209.04. Following the transaction, the director owned 3,161 shares in the company, valued at approximately $734,679.62. The trade was a 24.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Materion Stock Up 0.6%

Shares of MTRN traded up $1.54 during mid-day trading on Thursday, reaching $239.51. The company’s stock had a trading volume of 45,923 shares, compared to its average volume of 286,779. The business has a fifty day moving average of $252.96 and a 200 day moving average of $208.71. The company has a market cap of $4.99 billion, a price-to-earnings ratio of 55.60 and a beta of 1.08. Materion Corporation has a 1 year low of $108.28 and a 1 year high of $304.58. The company has a quick ratio of 1.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.44.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The business had revenue of $308.19 million for the quarter, compared to the consensus estimate of $549.82 million. Materion had a return on equity of 13.38% and a net margin of 4.29%.Materion’s revenue for the quarter was up 42.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, analysts forecast that Materion Corporation will post 7.06 earnings per share for the current fiscal year.

Materion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, August 20th. Materion’s payout ratio is 13.52%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Contravisory Investment Management Inc. raised its stake in shares of Materion by 2.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company’s stock valued at $555,000 after acquiring an additional 40 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Materion by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company’s stock valued at $689,000 after purchasing an additional 63 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Materion by 22.3% in the first quarter. EverSource Wealth Advisors LLC now owns 395 shares of the basic materials company’s stock worth $57,000 after buying an additional 72 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Materion by 4.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock worth $282,000 after buying an additional 91 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Materion by 2.9% during the 4th quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company’s stock worth $400,000 after buying an additional 92 shares during the period. Institutional investors and hedge funds own 93.56% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MTRN shares. KeyCorp upped their price objective on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings raised Materion from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 24th. Zacks Research raised Materion from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Jefferies Financial Group assumed coverage on shares of Materion in a research report on Wednesday. They set a “buy” rating and a $314.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Materion currently has a consensus rating of “Buy” and an average target price of $310.00.

About Materion

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.